About your Search

20130117
20130125
Search Results 0 to 0 of about 1
is happening. the federal reserve was created about 100 years ago. 1913 was the law. not to do monitor policy, but to address financial panics -- monetary policy, but to address financial panics. it is a difficult task. going forward, the fed needs to think about financial stability and monetary economic stability as being the two key pillars of what the central bank tries to do. we will be using our regulatory, supervisory powers. if necessary, we will address monetary policy as well. i do not think that is the first line of defense. >> this question comes from twitter. since the fed declared it was targeting it to% inflation rate in january 2012, the fomc released its projections five times. each one of these projections, the inflation rate has come in below the started. why then has the policy been sent to consistently undershoot the target. ? >> was that 140 characters? [laughter] >> i suspect many in our audience had related questions. >> wheas i said earlier, when dean collins was asking me about the risks of some of our policies, i was pointing out that inflation is very low. it is bel
Search Results 0 to 0 of about 1